Brief: Auto Italia updates on court order served by Sum Mun Kid Federick

Auto Italia Holdings

16/01/2017 24:00

Jan 16 (Reuters) - Auto Italia Holdings Ltd  0720.HK  
    * On 13 january 2017, an ex parte interim injunction court 
order was served on company by sum mun kid federick 
    * Co has instructed legal counsel to contest order and 
handle all other legal issues arising with mr sum in connection 
with dispute 
    * Dispute arose between sum and company over sales contracts 
of 2 ferrari vehicles purportedly ordered by sum with company 
    * Given that litigation process is at early stage, co 
considers that it is not practical to assess its potential 
impact on co at moment 
 
Source text for Eikon:  ID:nHKS58Zk54  
Further company coverage:  0720.HK  
 
 ((Bangalore.newsroom@thomsonreuters.com;))